Canada’s Construction Sector Shed 25,000 Jobs in November
Canada's jobs loss in construction in November 2022, -25,000, exactly matched the gain in October 2022, +25,000.
Construction Economic News
Woes of NASDAQ Not Just a Side Issue for Construction
See how the ongoing financial health of chipmakers could impact construction investment on semiconductor chipmaking plants.
Alex Carrick
Dec 8, 2022
Canada’s Natural Resources & Foreign Trade Opportunities for 2023 Could Boost Construction Outlook
Canada's construction industry could get a boost with additional investment and projects from it's natural resources and trade opportunities in 2023.
Michael Guckes, Chief Economist
Dec 6, 2022
Among Sectors, U.S. Construction Workers Rank 4th for Hourly Wage Hikes
In terms of nominal rate of hourly wages, construction ($32.94) is currently ranked fifth. In terms of y/y increase, construction (+6.1%) stands...
Alex Carrick
Dec 6, 2022
Not Much Wrong with November’s U.S. Labor Market Report
The construction industry added 20,000 jobs in November, with a not seasonally adjusted unemployment rate of 3.9%.
Alex Carrick
Dec 5, 2022
The Natural Resources, Foreign Trade, & Megaprojects Connection
In ConstructConnect’s starts statistics, through October 2022, there are 25 megaproject starts for a combined dollar value of $83.8 billion.
Alex Carrick
Nov 28, 2022
Construction Pay Remains More Lucrative Than Manufacturing, but Neither Beats Inflation
Wages in construction and manufacturing continue to rise. The average hourly compensation for all employees in construction ended October at $35.27
Michael Guckes, Chief Economist
Nov 22, 2022
10 Mid-November Economic Nuggets – Emphasizing Housing Starts
Check out Chief Economist Alex Carrick's Top 10 Economic Nuggets for November 2022.
Alex Carrick
Nov 21, 2022
Winning More Work Starts Here: Expert Tips, Market Trends, and Data-Driven Construction Insights
ConstructConnect empowers construction professionals with data-driven insights, market trends, and expert analysis to help you build smarter and win more work. Our blog covers preconstruction strategies, economic forecasts, tech innovations, and industry best practices. Whether you're a contractor, subcontractor, architect, or supplier, stay informed and competitive with timely, expert content. Explore our latest articles and get the insights you need to stay ahead.